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Our #Terrorism #Insurance offers non-damage cover as standard across our range of products, including solutions for. Delivering on our commitment to further expand our digital trading capabilities, we are delighted to announce the launch. When it comes to the storage of certain goods, such as food produce and medical supplies, temperature. Because of increased insecurity in the northern Cabo Delgado region, Mozambique has been added to the JCC.
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We are the first choice for brokers looking for specialty insurance, offering solutions that are not simply off-the-shelf, but built upon a real understanding of the risks faced by policyholders.
This, together with our ability to write risks such as storage, installation, construction and exhibitions outside of the UK and offer terrorism cover on overseas property, sets us apart from the competition.
Our team of professionals based across the UK, provides customers with an in-depth product knowledge and a real personal service.
Every business that makes or trades physical products needs some form of cargo insurance, yet all too often importers and exporters tell their brokers that they've already got it covered.
When their storage and distribution needs are catered for by commercial combined policies, many businesses simply relinquish control of the insurance of imports and exports, leaving it to suppliers or freight forwarders.
Our specialist underwriters help brokers to explain the pitfalls of this approach, securing better insurance cover for their clients business while also saving them money.
Since the 1800s, legislation has allowed carriers and other bailees for reward to limit their liability for loss of or damage to goods in their care custody and control; but over time the burden of proof has shifted increasingly to the benefit of the goods owner.
More recently, carriers and logistics operators have faced ever more burdensome contractual terms being imposed on them by their larger, more demanding customers.
Our specialist underwriters help to ensure that road hauliers, freight forwarders and warehouse keepers get the right level of freight liability insurance cover, and our claims team actively defend claims and pursue subcontractors, to ensure that the policyholder's position is properly protected and to keep renewal premiums down by protecting loss ratios.
Contractors' all risks (CAR) and erection all risks (EAR) policies are needed for many one-off projects; alternatively some contractors take out annual, blanket CAR covers.
Although more often packaged as part of an annual CAR policy, stand-alone contractors' plant cover may sometimes be required.
There are three main types of machinery policy, covering movement (and installation) risks, breakdown and business interruption - consequential losses following breakdown.
Specialist machinery policies are also available to cover the deterioration of stock following breakdown of refrigeration plant, amongst other perils.
Modern terrorist attacks (such as lone-wolf perpetrators) may not result in catastrophic property losses but they can still result in significant financial consequences without terrorism insurance.
Many such financial losses remain uninsured in the market.
The provision of cover for non-damage terrorist acts is essential in the current climate, especially those that are reliant on public footfall and custom, such as high street retail, hospitality and entertainment industries.
With over 10 years' experience in providing standalone terrorism and sabotage insurance across the United Kingdom and further afield, and, in a market that has evolved at a faster pace in recent years than ever before, NMU offer three bespoke products.
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